Operating Segments and Geographic Area Data (Tables)

12 Months Ended

Oct. 31, 2014

Segment Reporting [Abstract]

Reportable Segments

The following table presents information about our reportable segments:

	Adhesive Dispensing Systems			Advanced Technology Systems			Industrial Coating Systems			Corporate			Total
Year ended October 31, 2014
Net external sales	$	899,696		$	561,784		$	242,541		$	—		$	1,704,021
Depreciation		15,467			10,433			3,368			5,178			34,446
Operating profit (loss)		229,556	(a)		140,240	(b)		38,117	(e)		(40,808	)		367,105
Identifiable assets(c)		747,063			919,052			130,624			495,676	(d)		2,292,415
Expenditures for long-lived assets		15,886			15,163			4,057			8,468			43,574
Year ended October 31, 2013
Net external sales	$	793,488		$	516,266		$	233,167		$	—		$	1,542,921
Depreciation		15,326			9,180			3,084			4,176			31,766
Operating profit (loss)		203,757	(a)		123,403	(b)		33,786			(37,097	)		323,849
Identifiable assets(c)		750,616			721,524			113,835			467,809	(d)		2,053,784
Expenditures for long-lived assets		20,498			10,080			6,239			10,402			47,219
Year ended October 31, 2012
Net external sales	$	684,096		$	515,992		$	209,490		$	—		$	1,409,578
Depreciation		9,540			8,711			2,704			3,514			24,469
Operating profit (loss)		211,072	(a)		134,074			25,933	(e)		(35,599	)		335,480
Identifiable assets(c)		611,357			718,354			110,982			395,331	(d)		1,836,024
Expenditures for long-lived assets		14,612			6,871			4,602			4,874			30,959

(a) Includes $1,731 and $315 of severance and restructuring costs in 2014 and 2013, respectively. Includes $3,862 of cost of goods sold — restructuring and severance and restructuring costs in 2012.

(b) Includes $579 and $811 of severance and restructuring costs 2014 and 2013, respectively.

(c) Operating segment identifiable assets include notes and accounts receivable net of customer advance payments and allowance for doubtful accounts, inventories net of reserves, property, plant and equipment net of accumulated depreciation and goodwill.

(d) Corporate assets are principally cash and cash equivalents, deferred income taxes, capital leases, headquarter facilities, the major portion of our enterprise management system, and intangible assets.

(e) Includes $241 and $690 of severance and restructuring costs in 2014 and 2012, respectively.

Sales and Long-lived Asset Information by Geographic Regions

We have significant sales and long-lived assets in the following geographic areas:

	2014		2013		2012
Net external sales
United States	$	503,776	$	465,789	$	388,904
Americas		120,993		123,654		109,074
Europe		494,538		416,725		381,005
Japan		127,057		127,945		127,509
Asia Pacific		457,657		408,808		403,086
Total net external sales	$	1,704,021	$	1,542,921	$	1,409,578
Long-lived assets
United States	$	159,946	$	136,551	$	127,486
Americas		2,451		4,154		3,180
Europe		21,039		22,576		14,896
Japan		5,967		4,384		3,431
Asia Pacific		35,036		33,314		25,938
Total long-lived assets	$	224,439	$	200,979	$	174,931

Reconciliation of Segment Operating Income to Consolidated Income Before Income Taxes

A reconciliation of total segment operating income to total consolidated income before income taxes is as follows:

	2014			2013			2012
Total profit for reportable segments	$	367,105		$	323,849		$	335,480
Interest expense		(15,035	)		(14,841	)		(11,153	)
Interest and investment income		581			421			463
Other-net		(138	)		1,694			1,463
Income before income taxes	$	352,513		$	311,123		$	326,253

Summary of Reconciliation of Consolidated Assets

A reconciliation of total assets for reportable segments to total consolidated assets is as follows:

	2014			2013			2012
Total assets for reportable segments	$	2,292,415		$	2,053,784		$	1,836,024
Customer advance payments		25,578			28,341			20,894
Eliminations		(37,863	)		(28,946	)		(27,403	)
Total consolidated assets	$	2,280,130		$	2,053,179		$	1,829,515